NOT LISTED FOR SALE

Estimated Value: $620,000 - $721,000

3 Beds
2 Baths
2,070 Sq Ft
$328/Sq Ft Est. Value

Last Sold October 11, 2017

Last sale price $521,000 $252 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,999/month

Highlights

  • Low Bank Waterfront Property
  • Lake View
  • Deck
  • Docks
  • 1.11 Acre Lot
  • Property is near public transit

About This Home

As of October 2017

1930's charming cottage sits on a double lot (already subdivided) with 81' of lakefront living & a private dock. Steel lake is a stocked lake for the avid fishers in your life. 2 large entertaining decks with lake views, outdoor masonry oven, 3 outbuildings for your lawn/gardening needs. Minutes from shopping & I-5. King County Zoned RS 7.2 to accommodate up to 5 homes or keep it as a double lot for terrace gardens & privacy. 1 Year Home Warranty Included. Check out the 360* (VR Enabled) Tour.

Co-Listed By

Pavel Stepanov

PGS Realty Inc License #25667

Last Buyer's Agent

Amy Knickerbocker

First Team Real Estate License #22012693

First Team Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1144485

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,702

Year Built

  • Built in 1930

Lot Details

  • 1.11 Acre Lot
  • Low Bank Waterfront Property
  • 81 Feet of Waterfront
  • Lake Front
  • Property is Fully Fenced
  • Secluded Lot
  • Terraced Lot
  • Wooded Lot
  • Garden
  • Value in Land
  • Property is in good condition

Parking

  • 1 Car Garage

Property Views

  • Lake
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,070 Sq Ft Home
  • 1-Story Property
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Dining Room
  • Storm Windows
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Outbuilding

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Wildwood Elementary School
  • Sacajawea Jnr High Middle School
  • Federal Way Snr High School

Utilities

  • High Speed Internet

Community Details

  • Steel Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0537000225

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,702

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1930
  • Inclusions: Dishwasher,RangeOven
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2070
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Basement: Finished
  • Appliances: Dishwasher, Range/Oven
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate, Double Pane/Storm Window, Dining Room, Skylight(s)
  • Living Area: 2070
  • Main Level Bedrooms: 2
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2070
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Range/Oven
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • View: Lake, Territorial
  • Lot Features: Paved, Secluded, Value In Land
  • View: Yes
  • Waterfront Features: Bank-Low, Lake
  • Waterfront: Yes
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true
  • WaterfrontFootage: Approx. 81'

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: High Speed Internet, Sewer Connected, Electricity Available, Oil
  • HeatingCoolingType: Forced Air
  • PowerCompany: PSE
  • SewerCompany: Lakehaven
  • WaterCompany: Lakehaven

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Federal Way
  • High School: Federal Way Snr High
  • Middle Or Junior School: Sacajawea Jnr High

Lot Info

  • Parcel Number: 0537000225
  • Topography: PartialSlope,Sloped,Terraces
  • Lot Size Acres: 1.1104
  • Lot Size Sq Ft: 48370
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Dock,Fenced-Fully,High Speed Internet,Outbuildings,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Oil

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2017
  • Tax Annual Amount: 5702

Multi Family

  • EnergySource: Electric,Oil

MLS Schools

  • Elementary School: Wildwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2017
Closed on
Oct 6, 2017
Sold by
Talayeh Esmail H and Talayeh Shahroo
Bought by
Egawa Masahiro and Egawa Chui Lung
Buyer's Agent
Amy Knickerbocker
First Team Real Estate
List Price
$548,800
Sold Price
$521,000
Premium/Discount to List
-$27,800
-5.07%
Current Estimated Value
$679,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,493
Avg. Annual Appreciation
3.26%
Original Mortgage
$511,000
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Closed on
Nov 10, 2015
Sold by
Kiazimov Ali and Bogachov Joulia A
Bought by
Talayeh Esmail H and Talayeh Shahroo

Purchase Details

Closed on
Jun 26, 2008
Sold by
Weaver Edwin H and Weaver Marcie
Bought by
Kiazimov Ali and Bogachov Joulia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2002
Sold by
Jacques Ronald G and Jacques Ruth
Bought by
Weaver Edwin H and Weaver Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
6.6%

Purchase Details

Closed on
Dec 9, 1998
Sold by
Jacques Ruth J
Bought by
Jacques Ronald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.78%

Purchase Details

Closed on
Apr 6, 1994
Sold by
Fisher Wayne D and Fisher Kathleen E
Bought by
Jacques Ronald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
7.38%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Egawa Masahiro $521,000 Ticor Title
Talayeh Esmail H $445,000 First American
Kiazimov Ali $505,000 Chicago Title
Weaver Edwin H $315,000 Washington Title
Jacques Ronald G -- Commonwealth Land Title Ins
Jacques Ronald G $205,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egawa Masahiro $491,500
Closed Egawa Masahiro $511,000
Previous Owner Bogachov Joulia A $388,683
Previous Owner Kiazimov Ali $2,000,000
Previous Owner Kiazimov Ali $404,000
Previous Owner Weaver Edwin H $335,500
Previous Owner Weaver Edwin H $281,750
Previous Owner Weaver Edwin H $283,500
Previous Owner Jacques Ronald G $227,000
Previous Owner Jacques Ronald G $194,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2017 10/11/17 Sold $521,000 -5.1% $252 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $548,800 +5.3% $265 / Sq Ft
08/16/2017 08/16/17 Off Market $521,000 -- --
06/15/2017 06/15/17 For Sale $548,800 -- $265 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,549 $446,000 $260,000 $186,000
2023 $4,289 $386,000 $237,000 $149,000
2022 $6,437 $744,000 $267,000 $477,000
2021 $5,878 $571,000 $243,000 $328,000
2020 $5,582 $489,000 $210,000 $279,000
2018 $6,182 $485,000 $169,000 $316,000
2017 $5,702 $436,000 $169,000 $267,000
2016 $5,251 $402,000 $161,000 $241,000
2015 $4,514 $354,000 $163,000 $191,000
2014 -- $311,000 $151,000 $160,000
2013 -- $262,000 $151,000 $111,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1144485

Northwest Multiple Listing Service (NWMLS)

APN: 053700-0225